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U.S. Non-Farm Payrolls (NFP)

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Macroeconomic Indicator: Non-Farm Payrolls English 한국어 U.S. Non-Farm Payrolls (NFP) What the Indicator Means Non-Farm Payrolls (NFP) is the premier metric within the monthly employment report published by the U.S. Bureau of Labor Statistics (BLS). It measures the month-over-month change in the number of paid workers in the U.S. excluding farm employees, private household employees, and non-profit workers. It is the most direct thermometer of the economy's underlying health. Release Frequency & Timing The report is released monthly, typically on the first Friday of the month at 8:30 AM Eastern Time (ET) . This exact moment often triggers massive spikes in volatility across global markets. Why It Is Receiving Attention The NFP represents one-half of the Federal Reserve's "dual mandate." If job growth is too hot, increased consumer income could reignite inflation, forcing the Fed to keep in...